809 Renaissance AveMurfreesboroTN37129
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Murfreesboro at 809 Renaissance Ave, Murfreesboro, TN, 37129 offers $2,916/mo rent that, after a $2,143/mo payment, leaves $260/mo cash flow. Total monthly income is $2,916/mo, and annual cash flow is $3,121/yr on $145,131 cash. Return on cash invested measures 22.06% in year one, and rental yield stands at 7.99% at a $437,800 entry. Equity gained on principal adds $2,825/yr while 5% annual appreciation compounds into $120,956 by year five. Five-year ROI records 114.24% and total cumulative return in cash reaches $165,795. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,916/mo property income versus a $2,143/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
0.25 Acres lot
$N/A/sqft
$35 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37129, Murfreesboro, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,102 (100%) |
| Owner Occupied HU | 17,334 (64.0%) |
| Renter Occupied HU | 8,377 (30.9%) |
| Vacant Housing Units | 1,391 ( 5.1%) |
| Median Home Value | $449,733 |
| Average Home Value | $502,044 |
Housing Distribution
Address Breakdown
Residential
25,778
Single Family
22,072
Multi-Family
3,706
Businesses
2,902
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